Homeless Helping Homeless Inc

Analysis

Homeless Helping Homeless Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Homeless Helping Homeless Inc reported income of $337k and spending of $335k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $337k (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Helping Homeless Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Sampit Community Organization ($337k), Sunnyside Citywide Home Care Services Inc ($337k) and Bronx Community Guardianship Network Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$163k.